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CGN Resources Advances Webb Project Exploration
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CGN Resources Advances Webb Project Exploration

CGN Resources Ltd. (AU:CGR) has released an update.

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CGN Resources Ltd. is gearing up for the next phase of exploration at their Webb Project, with a high-resolution Falcon Airborne Gravity Gradiometry survey by Xcalibur Smart Mapping, aimed at uncovering carbonatites and iron-oxide copper-gold systems. The gravity survey will target promising areas based on regional magnetic data and recent drilling, complementing high-resolution magnetic data as a strategic approach for identifying mineralized targets in the West Arunta region. CGN Resources’ exploration endeavors in this mineral-rich terrain have already led to the discovery of Australia’s largest kimberlite field, enhancing the potential for significant finds in copper, nickel, and critical metals.

For further insights into AU:CGR stock, check out TipRanks’ Stock Analysis page.

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